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The Great Depression
Part 1 of Paper
....ed the strong economies and destroyed the smaller ones. Every government had its own opinion of what and how to get itself out of this crisis. As the struggle of the depression kept on growing Great Britain, United states of America, Germany and Japan initiated their own plan of escaping the grasp of the depression. .... Part 2 of Paper
....f closed their market from others, forcing the people to purchase their products rather than ones from other countries. Great Britain thought that if they could the costs of productions were reduced then more people would be willing to buy more and subsequently restart the markets purchasing cycle. Prime Minister Macdonald stated this in his speech on February 12, 1931, “To combat hard times, British leaders were forced to keep wages down (this made exports cheaper but precipitated the Ge.... |
| Number of words: 1605 - Approximate pages: 6 |
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